Turnkey cash-flowing investment opportunity on Detroit’s east side! Welcome to 5555 Neff Ave, Detroit, MI 48224, a solid rental property currently tenant-occupied and generating $1,100 per month in rental income.
This property offers investors immediate cash flow from day one with a reliable tenant already in place. The home features a functional layout, spacious living areas, and strong long-term rental demand in a well-established neighborhood near East English Village and the Grosse Pointe border.
Located close to schools, parks, shopping, and major commuter routes, this property sits in a high-demand rental corridor, making it a great addition to any buy-and-hold portfolio or investor looking to expand their Detroit rental holdings.
Detroit continues to attract investors seeking affordable entry points and strong rental yields, and this property delivers both stability and income potential.
Tenant occupied – please do not disturb tenant.
For more information, contact:
Samar Taha – 313-888-7653 (text preferred)
For sale
Price cut: $5K (4/3)
$59,900
5555 Neff Ave, Detroit, MI 48224
2beds
800sqft
Est.:
Single Family Residence
Built in 1950
6,098.4 Square Feet Lot
$-- Zestimate®
$75/sqft
$-- HOA
What's special
Functional layout
- 29 days |
- 366 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Samar Taha 313-888-7653,
Sonic Realty LLC 313-484-4696
Source: Realcomp II,MLS#: 20261016799
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Entry
- Area: 110
- Dimensions: 11 X 10
Bedroom
- Level: Entry
- Area: 110
- Dimensions: 11 X 10
Other
- Level: Entry
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 800 sqft
- Finished area above ground: 800
Property
Parking
- Parking features: No Garage
Features
- Levels: One
- Stories: 1
- Entry location: GroundLevelwSteps
- Pool features: None
Lot
- Size: 6,098.4 Square Feet
- Dimensions: 38 x 155.84
Details
- Parcel number: W21I076298S004
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: ASSESSORS DETROIT 1
HOA
- Has HOA: No
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $75/sqft
- Tax assessed value: $29,200
- Annual tax amount: $2,611
- Date on market: 3/16/2026
- Cumulative days on market: 29 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Exclusions: Exclusion(s) Do Not Exist
Estimated market value
Not available
Estimated sales range
Not available
$1,234/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2026 | Price change | $59,900-7.7%$75/sqft |
Source:  Realcomp II #20261016799 Report a problem | ||
| 3/16/2026 | Listed for sale | $64,900+18%$81/sqft |
Source: Realcomp II #20261016799 Report a problem | ||
| 3/21/2023 | Listing removed | -- |
Source: Realcomp II #20230016220 Report a problem | ||
| 3/10/2023 | Listed for sale | $55,000+52.8%$69/sqft |
Source: Realcomp II #20230016220 Report a problem | ||
| 6/25/2021 | Sold | $36,000+620%$45/sqft |
Source: Public Record Report a problem | ||
| 5/5/2016 | Sold | $5,000-16.7%$6/sqft |
Source: Public Record Report a problem | ||
| 2/3/2016 | Price change | $6,000-33.3%$8/sqft |
Source: Imagine Home Realty #215060336 Report a problem | ||
| 11/30/2015 | Price change | $9,000-10%$11/sqft |
Source: Imagine Home Realty #215060336 Report a problem | ||
| 9/18/2015 | Price change | $10,000-9.1%$13/sqft |
Source: Imagine Home Realty #215060336 Report a problem | ||
| 7/30/2015 | Price change | $11,000-26.7%$14/sqft |
Source: Imagine Home Realty #215060336 Report a problem | ||
| 6/17/2015 | Listed for sale | $15,000+42.9%$19/sqft |
Source: Imagine Home Realty #215060336 Report a problem | ||
| 3/25/2014 | Sold | $10,500-24.5%$13/sqft |
Source: Public Record Report a problem | ||
| 12/11/2013 | Price change | $13,900-12.6%$17/sqft |
Source: Plymouth Canton Realty Inc #213100001 Report a problem | ||
| 11/27/2013 | Price change | $15,900-5.9%$20/sqft |
Source: Plymouth Canton Realty Inc #213100001 Report a problem | ||
| 11/6/2013 | Price change | $16,900-0.6%$21/sqft |
Source: Plymouth Canton Realty Inc #213100001 Report a problem | ||
| 9/28/2013 | Listed for sale | $17,000$21/sqft |
Source: Plymouth Canton Realty Inc #213100001 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $24,800 +34.1% |
| 2024 | -- | $18,500 +18.6% |
| 2023 | -- | $15,600 +26.8% |
| 2022 | -- | $12,300 +10.8% |
| 2021 | -- | $11,100 |
| 2020 | $1,388 +53.2% | $11,100 +18.1% |
| 2019 | $906 | $9,400 +22.1% |
| 2018 | $906 | $7,700 -1.3% |
| 2017 | -- | $7,800 -11.4% |
| 2016 | $1,394 | $8,800 |
| 2015 | $1,394 +11.3% | $8,800 -29.8% |
| 2013 | $1,253 -10.1% | $12,528 -31.8% |
| 2010 | $1,394 | $18,368 -18% |
| 2009 | -- | $22,400 -14% |
| 2008 | -- | $26,047 |
| 2007 | -- | $26,047 +5.5% |
| 2005 | $156 | $24,689 +3% |
| 2004 | -- | $23,970 +105.1% |
| 2001 | $973 +10.1% | $11,686 +3.2% |
| 2000 | $883 | $11,323 |
Find assessor info on the county website
Climate risks
Neighborhood: Cornerstone Village
Getting around
50 / 100
Good TransitNearby schools
GreatSchools rating
- 5/10Marquette Elementary-Middle SchoolGrades: PK-8Distance: 0.6 mi
- 2/10East English Village Preparatory AcademyGrades: 9-12Distance: 0.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Wayne County
- Detroit
- 48224
- Cornerstone Village
- 5555 Neff Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Detroit Topics
